💎PEOPLE has recently demonstrated significant market dynamics. After a successful breakout from the descending channel pattern, PEOPLE is poised to retest the trendline before potentially continuing its upward trajectory toward the supply area.
💎 A breakout above the supply zone could pave the way for further upward movement, allowing probability PEOPLE to reach our target supply area.
💎 However, if PEOPLE fail to sustain upward momentum and retreats back to the demand area, it may need to establish new momentum from there.
💎 A concerning scenario would occur if PEOPLE breaks below the demand area, signaling a continuation of the downward trend. This would indicate bearish sentiment and could lead PEOPLE towards the key support area or even lower levels.